Trading 40 Lakhs for good profits.......Simple strategy!

#72
He does;t control the market .
In stock market don;t our view changes daily ? lol
When position is exited and when u are sitting on money current TA tells u what to do.
My Ta tell
in 1-2 week we might see 8200 again so as of now if u ask any old player whats view Current view is bullish and 8000 is good support to buy :xD...

option are bets always remember don;t make it investment.
U want investment go in Future markets ^^
Lets see how many ppls bought call today lol raises hand ^^

Never buy anything unless your TA (technical Analysis) tells u to buy it.Old john does make profit 1000 sometimes but only 2 continuous loss are enough to destroy profit.
It;s not risk reward ratio it;s Quantity that kills most of option players .Higher they are greater they Fall !!
 
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SexyTrader

Well-Known Member
#73
Now....Bought several lots of 8100 CE December at 286/- now :thumb: Easy profits in just 2 days! :)
Today.....Bought additional lots in 8100 CE December at 86/- now to average down my buying price to 186/- :thumb: Easy profits soon! :)
 

rahulmalik

You only lose what you cling to.
#74
Today.....Bought additional lots in 8100 CE December at 86/- now to average down my buying price to 186/- :thumb: Easy profits soon! :)
Nifty will cross 7900, but ride will be bumpy. Expecting a dip below 7800 again before the bull ride again :thumb:
 

SexyTrader

Well-Known Member
#77
8100 now trading @ 34 ,still you hold it
Averaged down 8100 CE at 40/- so I will hold and book profits coz GST will get the Nifty above 8000 soon :thumb:
 
#78
Averaged down 8100 CE at 40/- so I will hold and book profits coz GST will get the Nifty above 8000 soon :thumb:
Are you kidding us?????
How can you average down to 40?


First, you Bought several lots of 8100 CE December at 286/-
i am assuming that your several lots of nifty as 10 = 750 initially
=2.14 lakhs

You averaged down to 186 by purchasing at 86
To average down, you have bought another 10 lots = 750
My assumption of 10 seems true :)

Holding 1500@186 = 2.79 lakhs

Now you are saying you average down to 40.
Hoping you should have purchased at 34(current price), you should purchase 500 lots that is 37500@34 to average down to 40.

Did you really purchased so many lots?? If so, it is one of the worst trades ever.
 
#79
Averaged down 8100 CE at 40/- so I will hold and book profits coz GST will get the Nifty above 8000 soon :thumb:
Are you kidding us?????
How can you average down to 40?
.
He didn't say that he averaged down to 40, he said he averaged down at 40; meaning that he bought some lots at 40rs. price. So, he purchased at 286, 86 and 40. I guess his average cost is above 100.

So, Sexy, what is your average cost at present ?